Kaixin Holdings (KXIN) Quote

kxin........................https://stockcharts.com/h-sc/ui?s=kxin&p=W&b=5&g=0&id=p86431144783

KXIN, new 52 week low

$KXIN share consolidation of its ordinary shares at a ratio of 1-for-60, effective on October 25, 2024 -- Dilution !

KXIN...........................................https://stockcharts.com/h-sc/ui?s=KXIN&p=W&b=5&g=0&id=p86431144783

What happened to your pump?

Looks like it was a 2 day pump that resulted in big losses for anyone who bought in the 5s or 4s.

$5.50 + 90% cash those chips in again. Will be back on the next pump

KXIN time for a pump $4.64 + 60%

Since 2020, the company has lost

99% of its value. The R/S helps keep it on the Naz. There is a backlog of years of EV vehicles for sale in China. They do not have the electric infrastructure.

Hope you do.Good luck and good trading.

Wrong. 1 for 60, not 60 for 1.

I'm here and am going to ride this to the moon.

They increased the R/S from 50 to 1 to 60 to 1.This is the beginning of the end for this stock.Good luck and good trading.

KXIN .1850 + 15% has a heartbeat again sells domestic and imported vehicles in China

Chinese Banks and Real Estatw markets crashing again. Stimulus won’t b help

KXIN is showing strength.

Its MACD is above the signal line and shares are presently 9.5% above the 200-day moving average.

The company is climbing back.

Today's volume was heavier than usual, trading 160,329,601 shares, versus an average of 9,396,065 shares per day during the last twelve months. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.

First Half 2023 Results
- Total net revenues were US$18.9 million, representing a decrease of 43% from US$33.3 million in the first half of 2022. The revenue decrease was mainly due to the Company’s used-car sales decline.
- Cost of revenues was US$18.7 million, compared to that of US$33.1 million in the first half of 2022. The decrease in cost of revenues was in line with the decrease in revenues.
- Gross profit was US$0.2 million, keeping stable with that of US$0.2 million in the first half of 2022.
- Operating expenses were US$4.2 million, significantly lower than that of US$33.0 million in the first half of 2022. The difference in operating expenses between the two periods was largely due to the $29.9 million share-based compensation
expense recognized in the first half of 2022.
- Selling and marketing expenses were US$257 thousand, compared to $334 thousand in the first half of 2022.
- General and administrative expenses were US$4.0 million, compared to that of US$32.7 million in the first half of 2022. The decrease was primarily due to the large amount of share-based compensation expense recognized from vesting
employee stock incentive awards in the first half of 2022.
- Loss from operations was US$4.1 million, compared with a loss of US$32.8 million in the first half of 2022. The difference in loss from operations between the two periods was largely due to the large decrease in operating expenses in the first
half of 2022.
- Net loss attributable to the Company was US$4.5 million, substantially improved over the net loss attributable to the Company of US$70.6 million in the first half of 2022.
- Adjusted loss from operations (non-GAAP)1 was US$2.8 million, compared to an adjusted loss from operations of US$2.9 million in the first half of 2022.
-Adjusted net loss (non-GAAP)2 was US$3.3 million, compared to an adjusted net loss of US$3.8 million in the first half of 2022

KXIN: This is NOT a very upbeat iHub Board --- but nevertheless, KXIN's price is running up today (for awhile, anyway).

Bagholders everywhere.This is now going to RS 25/1 and you will get more dilution.The ride is over,look for a 50% drop from here.Good luck and good trading.

Thanks for that. I just started

following CUE. Love their biz, plus 21% of the OS are held by institutions. They are still losing $$ and I'm not so sure how much this will run.

Cue is running folks

The problem here is....
The catastrophic annual report, with sales declines of over 60% and that they are burning money without end.

The pumping up only worked as long as they published this NEWS with the confirmation of the rip-off.

Slowly, even the last people are beginning to understand what awaits them here.

By raising the split to 1:50, I think that they are calculating with a share price of $0.10 due to the dilution, so that they will still have a share price of $5.00 after the split.

If that is the case, and I am pretty sure it is, then that is a hefty loss of minus -75% from today's price level.

Anyone who still believes in the great miracle really needs God's blessing.

Sure, you never know how they pump and dump, but the bottom line is always the same.

The Scam is dumping 8 billion shares by pumping.

If you read their messages, you know what they are up to.
Authorize 8 billion shares before the split and then increase the original split from 1:16 to 1:50.

I can hear the nightingale in the forest happily singing its song as it lures the shareholders....

Here we go up again. Lovin' this.

I guess it already hit 49 today. Looks like a ton of profit taking.

Reverse stock split vs forward stock split

A 1-for-50 stock split is a reverse stock split that means for every 50 shares a company owns, it combines them into one new share.

A 50-for-1 stock split is a forward stock split that means a company issues 50 shares for every one share an investor already owns, which lowers the share price to one-fiftieth of its previous value.

Both you and the company got it wrong. "Chipotle Mexican Grill's (NYSE: CMG) 50-for-1 forward stock split was one of the largest in the history of the New York Stock Exchange." Look it up!!!

Huge Dilutions coming after the Huge R/S, as it always did before.

KXIN, is just a small car dealer. “ Kaixin Auto Holdings is China's leading new auto retail platform for luxury used cars and imported new cars.”

https://ir.kaixin.com/corporate/company-profile

The company statement: “(2) the increase in the ratio of the reverse stock split from 50:1 on the Share Consolidation proposal.”

Get your facts correct. It is not

50:1, it is 1:50.

This is no longer a POS.

This is a money-making engine that will run all the way to $3 before 11-30-2024.

KXIN, 50 for 1 R/S ? ! LOL!
This POS has done Numerous Reverse Splits in the past 4 years.

you ask you self how is going on that 10 times more shares flow in the market as is existent.
today, after closing, you can read the answer.
a share tsunami

Thanks. I did not know about

the dilution happening now. I'm hanging in and playing the long game here.

As we can see they let it go five cents at a time or a swing and we can see the dilution happening as well. Two days of hefty gains is impressive and will only draw a crowd. Friday will tell the story.

you know that the news is not a news.
it is only a fact, after the general meeting, and the dilution is full running

Love it

On Balance Volume indicator (OBV) is bullish.

Today's volume was heavier than usual, trading 170,792,743 shares, versus an average of 8,296,916 shares per day during the last twelve months. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.

Momentum for KXIN is strongly bullish.

The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.

My sell order is .75

for half of my shares. The other 50% will ride with the wind all the way to $3 ths month.

Wrong. The company has options. Nothing guaranteed.

With revenues like they have, there will not be a tsunami of shares.

RS - if it happens - will not occur

until 11-30-2024. There is no need to go through with it if the price is above $1 for 10 days by 11-30.

There is now a tsunami of new shares coming that will dilute all shareholders to such an extent that they will all drown.

Bought more at .36 Held some powder.

Looking to jump back in tomorrow morning when it dips again.

Looks like they are adding 8B shares.

I like the fact that they have par values above .0001.

Reverse split
see the latest NEWS

back to 0,20

Are you worried about dilution and dumping?

Looks like they have a ton of convertible shares hitting soon.

Can you translate that into 3 sentences?

There is a ton of good data info in that post. Looks to me like there will be tremendous share increases. What about their knockout sales numbers and revenues? Is this increase in pps just shorts covering?

.45 next

Could just jump there a/h

.57 That is the next resistance level will they just moon shoot it there then bring it back down. If so sell orders .50-.53 with a stop at .30

Ok .43